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  1. One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Assistance (ELA) funding as well as lower deposit cost. Fee and insurance income rose by 4 and 30

    11%

  2. Fitch affirms Greece’s rating at ‘CCC’

    Economy

    . Moreover, unemployment is expected to fall by 4 percentage points from 25.9 percent in 2015 to 21.9 percent

    11%

  3. Industrial production up for fourth straight month in July with 4.1 pct rise

    EconomyMacroeconomy

    in manufacturing and water supply production by 9.2 and 4 percent respectively. In contrast

    11%

  4. Tsipras limits pledges and expectations in Thessaloniki
    Photo by MacroPolis

    PoliticsGreek Politics

    induction in the European Central Bank’s quantitative easing scheme, 4) High growth rate in 2017

    11%

  5. Turnover in services sector worsens again in Q2

    EconomyMacroeconomy

    indicator released by the European Commission displayed a notable rise of 4.3 points to -4 in august

    11%

  6. Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
    Photo via @kmitsotakis

    PoliticsGreek Politics

    ambitious targets for the economy, saying that an annual growth rate of 4 percent of GDP is achievable

    11%

  7. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    In its second estimate of the annual national accounts for 2015, the Hellenic Statistical Authority (ELSTAT) revised downward the drop in nominal GDP to 1.3 percent from the 0.9 percent initially announced on March 4. This means that the Greek economy’s recession (in nominal terms) was deeper than

    11%

  8. PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget

    EconomyMacroeconomy

    The Parliamentary Budget Office (PBO) published an interim report on Wednesday evening commenting on the 2017 draft budget tabled by the Finance Ministry on October 4. The report highlights that 2017 budget is expected to have a short-term recessionary impact on the economy, since expenditure cuts

    11%

  9. ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt

    EconomyMacroeconomy

    billion included in the first annual accounts notification published on March 4.

    11%

  10. Economic sentiment and consumer confidence markedly improve in October
    Photo by MacroPolis

    EconomyMacroeconomy

    consumer confidence declined at a slower pace by 4 points.

    11%